Changing the project finance structure on labor distribution or fringe

You can change the project labor distribution finance structure or the project fringe burden finance structure. If you change part of the finance structure, you may be required to update existing assignment records. Only records that have not been approved, processed, or certified will be updated. After saving the changes, you must run an action to update the assignment records.

  1. Select Financials > Project Ledger > Setup > Project Setup.
  2. Click the Structure tab.
  3. Open a project structure and click the Hierarchy tab.
  4. Open a posting project.
  5. Click the Labor Distribution tab. Make changes to the Labor Distribution Finance Structure, Fringe Burden Code, or Fringe Burden Finance Structure.
  6. Click Save.
    A message is displayed that this change only affects future assignments.
  7. Click Yes.
  8. Select Actions > Update Assignment Labor.
  9. Select the check box to override current values. Selecting the check box will update the existing assignment records with the new labor distribution finance structure. Only records that have not been approved, processed, or certified will be updated. If you do not select the check box, only blank values or those that match the original values will be changed.
  10. Click Submit.